Fidelity Faces Second Data Breach Linked to Third-Party Provider: Infosys McCamish

 

Fidelity Investments Life Insurance Company (FILI) faces another data breach challenge as it discloses a breach affecting a significant number of individuals. The breach, linked to third-party service provider Infosys McCamish (IMS), heightens worries over data security in today’s digital landscape. 
Approximately 28,268 individuals have been notified by Fidelity regarding the breach. Although IMS could not pinpoint the exact data accessed, it is suspected to include sensitive information like names, Social Security numbers, states of residence, bank account and routing numbers, and dates of birth. 
This unfortunate incident marks the second instance this year alone where Fidelity has had to inform customers of data compromise due to a third-party breach involving IMS. Last month, Bank of America faced a similar ordeal following a ransomware attack on IMS, affecting over 57,000 customers. 
Remarkably, the data accessed in both breaches appears to be of a similar nature, prompting concerns over the underlying vulnerability in IMS’s systems. As investigations into the breach continue, questions loom over whether IMS’s woes are linked to the same cyber incident. 
What exactly is a third-party data breach? 
Essentially, it occurs when a vendor or

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.

This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

Read the original article: